CLOVER INDUSTRIES LIMITED - Dealings in securities
CLR 201504010014A
Dealings in securities
Clover Industries Limited
(Incorporated in the Republic of South Africa)
(Registration number 2003/030429/06)
Ordinary Share code: CLR ISIN No: ZAE000152377
("Company")
DEALING IN SECURITIES BY A DIRECTOR OF THE COMPANY
In compliance with the JSE Limited Listings Requirements, the
following information is disclosed:
Director : Christiaan Philippus Lerm
Company : Clover Industries Limited
Nature of transaction : On market sale of securities
Class of securities : Ordinary shares
Date of transaction : 31 March 2015
Number of securities : 85 000
Volume weighted average selling : R18.11
price
Highest price : R18.13
Lowest price : R18.09
Total value of transaction : R1 538 967.50
Nature of interest : Direct beneficial
Clearance obtained : Yes
A major portion of the transaction proceeds will be applied
to settle Dr Lerm's tax obligations arising from his exercise
of share appreciation rights, per the announcement released
on the Stock Exchange News Service on 17 March 2015.
DEALING IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY
In compliance with the JSE Limited Listings Requirements, the
following information is disclosed:
Director : James Henry Ferreira Botes
Company : Clover S.A. Proprietary Limited
Nature of transaction : On market sale of securities
Class of securities : Ordinary shares
Date of transaction : 30 March 2015
Number of securities : 7 500
Selling price : R18.25
Total value of transaction : R136 875.00
Nature of interest : Direct beneficial
Clearance obtained : Yes
A portion of the transaction proceeds will be applied to
settle Dr Botes' tax obligations arising from his exercise of
share appreciation rights, per the announcement released on
the Stock Exchange News Service on 17 March 2015.
Johannesburg
1 April 2015
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
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